Which feature is typically found in a Business Owners Policy?

A Business Owners Policy (BOP) is designed to provide a comprehensive package of insurance for small to medium-sized businesses. One of the key features of a BOP is the inclusion of an Inflation Guard for buildings and structures. This feature automatically adjusts the coverage limits of the property insurance to keep pace with inflation, ensuring that the business's property values are adequately protected as construction costs and replacement values increase over time. This provision is crucial, as it helps businesses avoid the risk of being underinsured in the event of a loss.

In contrast, the other options represent types of coverage that are not typically included in a standard BOP. Malpractice coverage is specifically designed for professionals who provide medical or legal services, while Professional Liability coverage is focused on protecting businesses against claims of negligence in the performance of their professional duties. Lastly, coverage for company-owned vehicles is generally found under a separate commercial auto policy rather than being covered within a BOP. Thus, the inflation guard feature is a distinctive characteristic of a Business Owners Policy, providing essential financial protection in fluctuating market conditions.